Disequilibrium in the money market is mainly corrected via a change in
A. the price level.
B. saving levels.
C. bond prices.
D. the money supply.
Answer: C
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In the absence of high or volatile inflation, an increase in the price of oil:
A. can be confidently interpreted as meaning that oil producers are earning greater profit. B. can be confidently interpreted as meaning that the money supply has increased. C. can be confidently interpreted as meaning that oil has become more scarce. D. can be confidently interpreted as meaning that the velocity of money has increased.
Experience ratings provide firms with an incentive NOT to:
A. hire older workers. B. invest in health and safety programs. C. hire disabled workers. D. both hire older workers and hire disabled workers
Recall the Application about the shutdown price for coal to answer the following question(s).According to the Application, there are still some mines that are in operation in the United States. Because 4 West Mine has now shut down, what must be true about 4 West Mine and the other operational mines?
A. 4 West Mine's AVC is higher than the other remaining mines. B. 4 West Mine's AVC is lower than the other remaining mines. C. 4 West Mine's ATC is higher than the other remaining mines. D. 4 West Mine's ATC is lower than the other remaining mines.
Which of the following will cause the demand curve for iTune music services to shift to the left?
A. a rise in the price of iTune music services B. the creation of several popular iTune songs C. a decrease in average incomes of iTune music subscribers if iTune music services are a normal good D. an increase in population